Attached files
| file | filename |
|---|---|
| 8-K - 8-K - SOUTHERN CO | earnrelease8-kq22017.htm |
| EX-99.07 - EXHIBIT 99.07 - SOUTHERN CO | ex9907-financialoverviewq2.htm |
| EX-99.06 - EXHIBIT 99.06 - SOUTHERN CO | ex9906-kilowattxhoursalesa.htm |
| EX-99.04 - EXHIBIT 99.04 - SOUTHERN CO | ex9904-epsearningsanalysis.htm |
| EX-99.03 - EXHIBIT 99.03 - SOUTHERN CO | ex9903-significantfactorsi.htm |
| EX-99.02 - EXHIBIT 99.02 - SOUTHERN CO | ex9902-financialhighlights.htm |
| EX-99.01 - EXHIBIT 99.01 - SOUTHERN CO | ex9901-pressreleaseq22017.htm |
Exhibit 99.05 | ||||||||||||||||||||||||
Southern Company | ||||||||||||||||||||||||
Consolidated Earnings As Reported | ||||||||||||||||||||||||
(In Millions of Dollars) | ||||||||||||||||||||||||
Three Months Ended June | Year-to-Date June | |||||||||||||||||||||||
2017 | 2016 | Change | 2017 | 2016 | Change | |||||||||||||||||||
Income Account- | ||||||||||||||||||||||||
Retail Electric Revenues- | ||||||||||||||||||||||||
Fuel | $ | 1,016 | $ | 998 | $ | 18 | $ | 1,944 | $ | 1,873 | $ | 71 | ||||||||||||
Non-Fuel | 2,761 | 2,750 | 11 | 5,227 | 5,251 | (24 | ) | |||||||||||||||||
Wholesale Electric Revenues | 618 | 446 | 172 | 1,149 | 842 | 307 | ||||||||||||||||||
Other Electric Revenues | 167 | 166 | 1 | 342 | 348 | (6 | ) | |||||||||||||||||
Natural Gas Revenues | 684 | — | 684 | 2,214 | — | 2,214 | ||||||||||||||||||
Other Revenues | 184 | 99 | 85 | 326 | 137 | 189 | ||||||||||||||||||
Total Revenues | 5,430 | 4,459 | 971 | 11,202 | 8,451 | 2,751 | ||||||||||||||||||
Fuel and Purchased Power | 1,303 | 1,212 | 91 | 2,478 | 2,288 | 190 | ||||||||||||||||||
Cost of Natural Gas | 232 | — | 232 | 951 | — | 951 | ||||||||||||||||||
Cost of Other Sales | 114 | 58 | 56 | 203 | 77 | 126 | ||||||||||||||||||
Non-Fuel O & M | 1,301 | 1,099 | 202 | 2,631 | 2,206 | 425 | ||||||||||||||||||
Depreciation and Amortization | 754 | 569 | 185 | 1,469 | 1,110 | 359 | ||||||||||||||||||
Taxes Other Than Income Taxes | 308 | 255 | 53 | 638 | 511 | 127 | ||||||||||||||||||
Estimated Loss on Kemper IGCC | 3,012 | 81 | 2,931 | 3,120 | 134 | 2,986 | ||||||||||||||||||
Total Operating Expenses | 7,024 | 3,274 | 3,750 | 11,490 | 6,326 | 5,164 | ||||||||||||||||||
Operating Income | (1,594 | ) | 1,185 | (2,779 | ) | (288 | ) | 2,125 | (2,413 | ) | ||||||||||||||
Allowance for Equity Funds Used During Construction | 58 | 45 | 13 | 115 | 98 | 17 | ||||||||||||||||||
Earnings from Equity Method Investments | 28 | (1 | ) | 29 | 67 | (1 | ) | 68 | ||||||||||||||||
Interest Expense, Net of Amounts Capitalized | 424 | 293 | 131 | 840 | 539 | 301 | ||||||||||||||||||
Other Income (Expense), net | (3 | ) | (28 | ) | 25 | (11 | ) | (56 | ) | 45 | ||||||||||||||
Income Taxes | (587 | ) | 261 | (848 | ) | (273 | ) | 479 | (752 | ) | ||||||||||||||
Net Income (Loss) | (1,348 | ) | 647 | (1,995 | ) | (684 | ) | 1,148 | (1,832 | ) | ||||||||||||||
Less: | ||||||||||||||||||||||||
Dividends on Preferred and Preference Stock of Subsidiaries | 11 | 12 | (1 | ) | 22 | 23 | (1 | ) | ||||||||||||||||
Net Income (Loss) Attributable to Noncontrolling Interests | 22 | 12 | 10 | 17 | 13 | 4 | ||||||||||||||||||
NET INCOME (LOSS) ATTRIBUTABLE TO SOUTHERN COMPANY | $ | (1,381 | ) | $ | 623 | $ | (2,004 | ) | $ | (723 | ) | $ | 1,112 | $ | (1,835 | ) | ||||||||
Notes | ||||||||||||||||||||||||
- Certain prior year data may have been reclassified to conform with current year presentation. | ||||||||||||||||||||||||
- In connection with the adoption in the fourth quarter 2016 of a new accounting standard for stock compensation, previously reported amounts for income tax expense were reduced by a total of $11.3 million and $15.8 million for the three and six months ended June 30, 2016, respectively. | ||||||||||||||||||||||||